+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Paris Saint-Germain earns more than its 14 league rivals combined

Apr 27, 2016, 15:01 IST

Getty Images

French football team Paris Saint-Germain (PSG) generated more income last year than 14 of its rivals combined, according to Bloomberg.

Advertisement

As Business Insider previously reported, PSG's revenue hit €484 million (£380 million; $547 million) in the 2014/15 season.

This is more than four times that of AS Monaco, the French league's second biggest revenue taker, and more than the 14 other teams in French league put together.

The income discrepancy is even bigger than the English Premier League, as teams in that share tv revenue and can earn money based on table placings.

PSG's income pushed the French league's total revenue to €1.4 billion, Bloomberg added, and without PSG the other 19 teams earned €941 million in total.

Advertisement

As much as €297 million of PSG's revenue is down to lucrative commercial deals, including a renewed kit deal with Nike, according to the Deloitte Football Money League report. The team also has sponsor ships with Emirates, American Express and the Qatar Tourism Authority.

In 2011 Qatar Sports Investments became a 70% shareholder in PSG, paying just €50 million but also taking on its considerable debts and past season losses.

This allowed PSG to buy some of the world's best - and most expensive - players, including Zlatan Ibrahimovic, Thiago Silva and Angel Di Maria.

PSG had a particularly successful season last year, as it became the first ever team to complete the French domestic treble of Ligue 1, Coupe de France and Coupe de la Ligue.

NOW WATCH: Be sure to learn the actual meaning of these real estate 'code words' before looking for a new place

Please enable Javascript to watch this video
Next Article